02:42:17
Federal Reserve Chairman Powell: The 50 basis point rate cut does not indicate that we are in a hurry to act.
02:41:15
Federal Reserve Chairman Powell: If appropriate, we can speed up or slow down the pace of interest rate cuts, or even choose to pause interest rate cuts.
02:37:43
Federal Reserve Chairman Powell: If the economy remains solid and inflation remains stubborn, policy adjustments may be made more slowly.
02:37:18
Federal Reserve Chairman Powell: Our economic forecast is not a plan or a decision.
02:36:26
Federal Reserve Chairman Powell: We have not set any fixed interest rate path and will make decisions at each meeting.
02:35:52
Federal Reserve Chairman Powell: Taking into account the balance of risks, we lowered interest rates by 50 basis points today.
02:35:42
Federal Reserve Chairman Powell: We are concerned about two risks related to the dual mandate.
02:35:27
Federal Reserve Chairman Powell: Inflation levels are closer to our target.
02:35:17
Federal Reserve Chairman Powell: Our patient strategy has paid off.
02:35:10
Federal Reserve Chairman Powell: Restrictive monetary policy will help restore supply and demand balance.
02:35:05
Federal Reserve Chairman Powell: Our main focus has always been on reducing inflation, which has caused significant difficulties for people.
02:34:03
Federal Reserve Chairman Powell: Long-term inflation expectations appear to remain stable.
02:34:01
Federal Reserve Chairman Powell: The unemployment rate has risen, but it remains low.
02:25:14
The UAE Central Bank cut its overnight deposit rate by 50 basis points to 4.9%.
02:21:50
The Philadelphia Semiconductor Index rose 1.3% after the Federal Reserve cut interest rates.
02:21:40
SEC Chairman Gensler: New pricing rules make retail stock trading more convenient.
02:21:39
The Central Bank of Kuwait cut its discount rate by 25 basis points to 4%.
02:20:00
Federal Reserve Chairman Powell will hold a monetary policy press conference in ten minutes.
02:18:02
Spot silver stood above $31 per ounce, up 1.03% on the day.
02:17:01
The KBW U.S. regional bank index rose 1.4% after the Federal Reserve cut interest rates.